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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Mr. BSL who wrote (4453)	7/6/1998 7:45:00 AM
From: Lucretius	Read Replies (1) \| Respond to of 34810

question to thread: what's the likelihood in P&F terms of this rally failing and being a bull trap? I just don't buy it. Looks like a fake out to me. Too many giddy, drunken speculators buying internet trash. And when I see journalists proclaim "the correction is over" I know there's worse to come. Thoughts? If I recall correctly, the bullish % is still negative, eh? Jan, did you get my message? -Lucretius

To: Mr. BSL who wrote (4453)	7/6/1998 3:30:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34810

Hi Duke, Just got through taking all of the Zacks Picks that are in 1998 and comparing thier return straight up versas if one were to have taken thier pick as a stock and bought or sold it using P&F signals using the closing numbers as of July 2. The below results show a Zacks return of 11.24% vs. a P&F of 17.56 ticker date price current % gain P&F P&F P&F added in price Buy %gain Sell adac 2/23/98 23.81 21.38 -0.102 0 0 ahaa 5/22/98 15.75 15.25 -0.032 15.75 -0.032 awa 1/21/98 21.13 29.13 0.378 21.13 0.378 amr 4/28/98 74.58 84.38 0.131 74.58 0.131 aapl 4/16/98 28.16 29.00 0.030 28.16 0.030 avei 4/20/98 35.38 35.63 0.007 35.38 0.007 t 2/12/98 62.44 54.88 -0.121 62.44 -0.077 58 avi 1/8/98 30.38 23.75 -0.218 30.38 0.132 35 bgen 1/14/98 36.06 49.63 0.376 36.06 0.376 bow 2/3/98 52.81 47.38 -0.103 52.81 -0.103 cof 1/16/98 59.97 123.00 1.051 59.97 1.051 cern 6/1/98 24.88 27.75 0.115 24.88 0.115 ca 3/4/98 49.44 57.38 0.160 49.44 0.160 cmvt 3/11/98 43.75 55.00 0.257 43.75 0.257 eq 2/11/98 53.34 76.56 0.435 53.34 0.435 fp 6/1/98 39.53 36.25 -0.083 0 0.000 flt 4/15/98 36.59 32.50 -0.112 0 0.000 gm 5/19/98 73.41 69.88 -0.048 73.41 -0.048 gdw 4/22/98 110.09 106.44 -0.033 0 0.000 km 6/1/98 19.91 19.63 -0.014 0 0.000 tlc 6/22/98 24.81 28.69 0.156 24.81 0.156 lu 1/21/98 41.13 82.50 1.006 41.13 1.006 nb 4/13/98 80.84 82.25 0.017 73 0.127 nrvh 3/17/98 29.13 47.50 0.631 29.13 0.631 ntpa 5/14/98 9.78 7.93 -0.189 8 -0.009 phsyb 5/8/98 77.75 89.31 0.149 77.75 0.149 ptx 2/18/98 38.5 41.25 0.071 38.5 0.071 rep 6/18/98 54.72 56.00 0.023 54.72 0.023 rcl 6/1/98 69.59 81.13 0.166 69.59 0.166 sko 3/13/98 30.28 33.90 0.120 30.28 0.120 ssw 4/28/98 26.75 29.45 0.101 26.75 0.101 txi 3/16/98 52.97 54.06 0.021 52.97 0.146 62 tom 6/8/98 60.81 63.75 0.048 60.81 0.048 tyc 5/27/98 54.31 64.35 0.185 54.31 0.185 uw 5/5/98 48.94 48.75 -0.004 45 0.083 x 5/1/98 38.94 33.25 -0.146 30 0.108 wla 6/5/98 63.06 73.06 0.159 63.06 0.159 wbb 4/3/98 29.28 26.60 -0.092 25 0.064 4.497 6.148 Zacks %gain 0.112 P&F % 0.176 This shows that even using others FA, you still must find the entry points and exits... Take care Later Preston